SHE:301361 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	133.78	162.35	107.61	158.21	789.14	99.76
Short-Term Investments	-	160.99	51.72	60.84	-	-
Trading Asset Securities	419.02	423.72	450.77	552.08	10	-
Cash & Short-Term Investments	552.81	747.06	610.1	771.13	799.14	99.76
Cash Growth	6.55%	22.45%	-20.88%	-3.50%	701.10%	30.00%
Accounts Receivable	78.37	73.49	62.84	53.71	45.33	46.12
Other Receivables	0.46	0.22	0.02	0.34	0.42	0.58
Receivables	78.83	73.71	62.86	54.04	45.75	46.7
Inventory	49.34	52.61	38.19	29.52	37.42	32.4
Other Current Assets	164.52	16.62	13.54	12.53	14.27	10.94
Total Current Assets	845.49	889.99	724.7	867.23	896.59	189.8
Property, Plant & Equipment	157.57	160.03	163.72	169.26	155.29	83.6
Long-Term Investments	51.68	246.42	295.17	70.88	8.78	6.08
Other Intangible Assets	19.55	19.27	19.91	20.52	21.18	21.88
Long-Term Deferred Tax Assets	1.83	1.98	0.93	0.81	0.73	1.11
Long-Term Deferred Charges	0.48	0.53	-	-	-	-
Other Long-Term Assets	228.77	1.58	1	0.46	0.37	1.03
Total Assets	1,305	1,320	1,205	1,129	1,083	303.51
Accounts Payable	26.54	39.96	16.49	13.62	37.45	26.38
Accrued Expenses	5.56	21.42	16.71	13.26	10.39	10.65
Current Portion of Leases	-	0.51	-	-	-	-
Current Income Taxes Payable	0.87	2.1	4.39	2.8	2.22	3.31
Current Unearned Revenue	7.05	12.82	8.06	5.51	5.92	4.09
Other Current Liabilities	15.36	14.59	9.24	8.39	10.82	12.07
Total Current Liabilities	55.89	91.39	54.9	43.59	66.8	56.5
Long-Term Leases	0.53	0.53	-	-	-	-
Long-Term Deferred Tax Liabilities	1.21	1.43	0.72	1.12	0.95	0.32
Other Long-Term Liabilities	1.52	1.43	1.19	1.6	1.5	1.53
Total Liabilities	59.73	94.78	56.81	46.31	69.25	58.35
Common Stock	116.34	116.34	116.34	116.34	116.34	87.25
Additional Paid-In Capital	701.42	701.42	701.42	701.42	700.11	22.92
Retained Earnings	427.85	407.11	330.18	264.42	197.07	137.12
Comprehensive Income & Other	0.04	0.15	0.68	0.68	0.17	-2.13
Shareholders' Equity	1,246	1,225	1,149	1,083	1,014	245.16
Total Liabilities & Equity	1,305	1,320	1,205	1,129	1,083	303.51
Total Debt	1.03	1.04	-	-	-	-
Net Cash (Debt)	551.77	746.02	610.1	771.13	799.14	99.76
Net Cash Growth	6.35%	22.28%	-20.88%	-3.50%	701.10%	30.00%
Net Cash Per Share	4.75	6.42	5.28	6.64	8.93	1.14
Filing Date Shares Outstanding	116.35	116.34	116.34	116.34	116.34	87.25
Total Common Shares Outstanding	116.35	116.34	116.34	116.34	116.34	87.25
Working Capital	789.6	798.6	669.8	823.64	829.79	133.3
Book Value Per Share	10.71	10.53	9.87	9.31	8.71	2.81
Tangible Book Value	1,226	1,206	1,129	1,062	992.51	223.27
Tangible Book Value Per Share	10.54	10.36	9.70	9.13	8.53	2.56
Buildings	-	141.55	141.3	141.3	127.91	9.12
Machinery	-	65.26	57.41	55.73	32.3	21.17
Construction In Progress	-	0.86	3.01	0.16	14.55	69.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.